According to a new market research report Data Center Transformation Market – Global Forecast to 2023, published by MarketsandMarkets, the market is expected to grow from USD 6.45 billion in 2018 to USD 12.00 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period.
Data center transformation services assist in enhancing and optimizing IT assets to achieve service level agreements. The transformation of data center applications from the client/server architecture generation to the cloud architecture generation has spurred the demand for data center transformation services. Furthermore, factors such as the growing data center traffic and increasing data center spending have contributed significantly to the growing demand for data center transformation services.
Based on service type, the Data Center Transformation Market has been segmented into consolidation services, optimization services, automation services, and infrastructure management services. The optimization services segment is expected to grow at the highest rate during the forecast period. Data center optimization increases the efficiency of enterprises’ data center operations. Optimization involves reconfiguring or changing data centers to reduce the resources required but without hampering the data center functionalities. Data center optimization services help organizations determine how to optimize performance and evolve their data centers to realize more value out of the current infrastructure.
